Convert Convertible JPY Token CJPY to Kryll KRL
CJPY to KRL: 1 Convertible JPY Token converts to 0.03661 KRL
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About CJPY and KRL
Convertible JPY Token is falling, while Kryll is climbing this week. The current CJPY to KRL conversion rate is 0.03661. Inversely, this means that if you convert 1 KRL you will get 27.31 CJPY. The conversion rate of CJPY/KRL has decreased by 0.19% in the last hour (KRL/CJPY increased by 0.19%). In the last 24 hours, CJPY/KRL shrunk by 1.43%, while KRL/CJPY grew by the same amount.
The exchange rate of Convertible JPY Token is decreasing. The current value of 1 CJPY is 0.03661 KRL. In other words, to buy 5 Convertible JPY Token, it would cost you 0.18306 KRL. Inversely, 1 KRL would allow you to trade for 27.31 CJPY while 50 KRL would convert to 1,365.68 CJPY, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 1.94%. Meanwhile, in the last 24 hours, the rate has changed by 0.61%, which means that the highest exchange rate of 1 CJPY to KRL was 0.03692 KRL and the lowest 24 hour value was 1 CJPY for 0.03609 KRL. Last month, 1 CJPY was worth 0.03815 KRL. Today, it's down 4.21%. Looking back a year, Convertible JPY Token has changed by 0.0223 KRL. That means that in a single year, the value of Convertible JPY Token has grown by 39.1%.
Convertible JPY Token Market Stats
What is the project about? CJPY represents a collateral debt position issued on Yamato Protocol, a decentralized and non-custodial platform on Ethereum developed by DeFiGeek Community Japan. CJPY serves as an ETH overcollateralized stablecoin designed to maintain a peg to the Japanese Yen. In the future, the Yamato protocol will expand to encompass various tokens as collateral, and a diverse range of fiat stablecoins will be introduced, initially including USD and EUR pegs. What makes your project unique? Yamato Protocol distinguishes itself through 5 attributes as a decentralized and non-custodial crypto overcollateralized stablecoin: 1. High Collateral Factor: The protocol permits a minimum health rate of 130%, ensuring efficient use of collateral. 2. Absence of Accrued Interest: Users are subject solely to a one-time issuance fee upon generating CJPY. 3. Non-Forced Liquidation: No penalty for liquidation. Debt positions with health rates below 130% can be redeemed by any users via CJPY acquired from the market. 4. Redemption by protocol: Accrued CJPY fees on protocol can be used to redeem debt position under threshold. 5. Subrogation Mechanism: The protocol employs the accumulated CJPY fees to subrogate debt positions falling below the 100% health rate threshold. History of your project. January 2021: The DeFiGeek Community Japan embarked on the development of Yamato Protocol, a decentralized and non-custodial crypto overcollateralized stablecoin pegged to JPY. The community has functioned with an inclusive approach, welcoming all developers and contributors who are eager to take part in the enhancement of DeFi applications and tools that drive the advancement of Web3 technology. Milestones of Yamato Protocol: November 2021: The alpha testing phase commenced on the Rinkeby testnet. January 2022: The beta testing phase debuted on the Rinkeby testnet. May 2022: The second beta testing phase transpired on the Rinkeby testnet. June 2023: Successful completion of the initial audit. July 2023: Launch of version 1 on the Ethereum mainnet. What’s next for your project? At present, Yamato Protocol stands at version 1.0 without a utility token. Anticipated milestones include: Version 1.5 (2023): Introduction of the DAO utility token and the implementation of ve(vote-escrowed) governance. Version 2.0 (Late 2023): Enabling issuance of additional stablecoins like CEUR (convertible EUR) and CUSD (convertible USD). What can your token be used for? CJPY represents a decentralized JPY-pegged token on the Ethereum blockchain, offering versatility to users and other protocols. Its anticipated adoption spans various DeFi Dapps, encompassing DEX and lending protocols. Given its decentralized and non-custodial nature, CJPY holds the potential for widespread adoption as a payment medium within the Japanese crypto business ecosystem.
Kryll Market Stats
KRL is an Ethereum token that powers Kryll, a platform for automated trading strategies. Kryll users can browse, create, and backtest trading strategies while using KRL to pay for their activity on the platform.
Conversion tables
CJPY to KRL values from Today at 4:46 am
0.5 CJPY = 0.01831 KRL |
1 CJPY = 0.03661 KRL |
5 CJPY = 0.1831 KRL |
10 CJPY = 0.3661 KRL |
50 CJPY = 1.83 KRL |
100 CJPY = 3.66 KRL |
500 CJPY = 18.31 KRL |
1,000 CJPY = 36.61 KRL |
KRL to CJPY values from Today at 4:47 am
0.5 KRL = 13.66 CJPY |
1 KRL = 27.31 CJPY |
5 KRL = 136.57 CJPY |
10 KRL = 273.14 CJPY |
50 KRL = 1,365.68 CJPY |
100 KRL = 2,731.36 CJPY |
500 KRL = 13,656.80 CJPY |
1,000 KRL = 27,313.60 CJPY |
CJPY to KRL over time
CJPY | Today | 24H -0.61% | 1M -4.21% | 1Y 39.10% |
|---|---|---|---|---|
0.5 CJPY | 0.01831 KRL | 0.01842 KRL | 0.01908 KRL | 0.01115 KRL |
1 CJPY | 0.03661 KRL | 0.03684 KRL | 0.03815 KRL | 0.0223 KRL |
5 CJPY | 0.1831 KRL | 0.1842 KRL | 0.1908 KRL | 0.1115 KRL |
10 CJPY | 0.3661 KRL | 0.3684 KRL | 0.3815 KRL | 0.223 KRL |
50 CJPY | 1.83 KRL | 1.84 KRL | 1.91 KRL | 1.11 KRL |
100 CJPY | 3.66 KRL | 3.68 KRL | 3.82 KRL | 2.23 KRL |
500 CJPY | 18.31 KRL | 18.42 KRL | 19.08 KRL | 11.15 KRL |
1,000 CJPY | 36.61 KRL | 36.84 KRL | 38.15 KRL | 22.30 KRL |
Frequently asked questions
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